Practice management

The Internal Revenue Service has increased its audits of taxpayers at upper-income levels.

Steve Sanduski, the Prosperous Advisor, says it’s important for financial advisors who want to succeed to understand the “why” behind each of their goals. They also must ask themselves if they’re setting these goals for the right reasons and whether they’re in the best interests of their clients.

The reduction in pension and health care benefits for public sector employees in Florida has led to a rush by people nearing retirement age to opt out early.

With rising life expectancies and reports of lackluster retirement savings, the risk is a growing concern for many Americans.

Active and automatic ways to keep your new prospect pipeline flowing all the time.

The SEC has charged an Illinois-based investment advisor with using LinkedIn and other social media channels to attempt to sell $500 million in fictitious securities.

Advisors seeking better client communication tools are likely to have their wish come true because wealth management firms are expecting to increase their IT budgets by 5% to 10% this year.

New York Life Retirement Plan Services, a division of New York Life Investments, has launched a new client-satisfaction benchmarking tool for retirement plan advisors.

With Ladenburg Thalmann the latest firm to offer subsidized Financial Services Institute memberships to its advisors, FSI’s membership ranks have grown to more than 33,000 advisors.

U.S. Pensions’ funded status dropped 12.7 percentage points over the full year 2011 to 72.4%, thanks to a sharp increase in liabilities that outpaced any rise in plan assets, according to BNY Mellon.

Our legal expert discusses when you must report a claim against you even if you didn't do anything wrong.

Social media compliance is a subject that elicits a range of reactions from planners, from groans to cautious, curious questions. But Leia Farmer, the deputy chief compliance officer at Securities America, isn't afraid.

Fortigent, whose 90 advisory firm clients oversee more than $50 billion in high-net-worth assets, shores up LPL Financial’s growing share of high-net-worth business.

The multi-million dollar lawsuit that Trust Company of the West brought against former star portfolio manager Jeffrey Gundlach, who TCW fired in 2009 but who then formed his own, competing firm, DoubleLine Capital, has been settled out of court.

As one advisor found, planners need to know how to do much more than build wealth for their clients.

You never know what to expect. But events of 2011 gave plenty of clues for what lies ahead in 2012, as trading firms and exchanges speed up and beef up.

Marketing expert Marie Swift says events can be a great way to help enhance relationships with current clients, position yourself in front of qualified prospects, and build important mutually beneficial relationships with centers of influence.

Active and automatic ways to keep your new prospect pipeline flowing all the time.

Trading on the New York Stock Exchange in the common stock of the parent company of American Airlines will be halted after next Wednesday.

The principle behind the annual gift tax exclusion is to shelter gifts commonly made on birthdays, holidays, weddings and other special occasions. However, many high-net-worth individuals may also utilize the annual gift tax exclusion as a strategy to mitigate the impact of future estate taxes.